Prime Minister Narendra Modi will address 12 post-Budget webinars to push the efforts by the union ministries to build on the "Saptarishi" objectives listed in the Union Budget 2023. These webinars will focus on synergizing efforts of various ministers and departments and all concerned stakeholders towards preparing action plans with quarterly targets. This will ensure that the implementation is front-ended and smooth with the timely achievement of outcomes.
The idea of post-budget webinars was conceptualized by PM Modi to bring together all stakeholders for bringing synergy in the implementation of Budget announcements.
PM Modi will address the first post-budget webinar from February 23 to March 11.
The government has undertaken several budgetary reforms in the past few years including preponing the budget to February 1 so that ministries and departments get sufficient time for utilization of the funds on the ground before the onset of monsoons.
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The post Budget webinars also give a platform for experts from the public and private sectors, academia, industry, and practitioners from the field to come together on a single platform and collaboratively work on the implementation of strategies across the sectors.
These webinars were started in 2021 in the spirit of Jan Bhagidari and encourage involvement and ownership of all concerned stakeholders in effective, quick and seamless implementation of the Budget announcements.
An official release from the ministry of finance said the webinars are being held virtually to ensure wide participation.
PM Modi will address the first post-budget webinar on Green Growth on February 23 at around 10 am. The webinar will have six breakout sessions covering both energy and non-energy components of Green Growth. Union Ministry of Power is the lead ministry for this webinar.
Green growth is one of the seven top priorities of the Union Budget 2023-24 for ushering in the country green industrial and economic transition, environmental friendly agriculture and sustainable energy.
It will also generate a large number of green jobs. The Union Budget has envisaged a number of projects and initiatives spread across various sectors and ministries - Green Hydrogen Mission, energy transition, energy storage projects, renewable energy evacuation, Green Credit Programme, PM-PRANAM, GOBARdhan Scheme, Bhartiya Prakritik Kheti Bio-Input Resource Centres, MISHTI, Amrit Dharohar, Coastal Shipping and Vehicle Replacement.
An official release said each post-budget webinar will have three sessions.
The plenary session would be addressed by the Prime Minister followed by separate breakout sessions on various themes which would take place in parallel.
Finally, the ideas from the breakout sessions would be presented during the plenary concluding session. Based on inputs received during the webinar, concerned ministries would prepare a time-bound action plan for the implementation of budget announcements.
The webinar on February 24 will be 'Agriculture and cooperatives' whereas February 25 session will focus on 'Harnessing youth power -- skilling and education'. The webinar on February 27 will be based on 'Reaching the last mile/leaving no citizen behind' and the webinar on February 28 is themed 'Unleashing the potential: Ease of living using technology'.
The webinar on March 1 will be on 'Urban Development with focus on planning', March 3 webinar will be focused on 'Developing tourism in mission mode' and March 4 webinar is themed 'Infrastructure and investment: Improving logistic efficiency with PM Gatishakti National Master Plan'.
March 6 webinar is titled 'Health and Medical Research'; March 7 webinar will be on 'Financial sector', March 10 webinar will be on 'Women empowerment' and March 11 will highlight 'PM Vishwakarma Kaushal Samman'.
The government had proposed to increase capital expenditure outlay by 33 per cent to Rs 10 lakh crore in 2023-24, which would be 3.3 percent of the GDP in the budget presented by Union Finance Minister Nirmala Sitharaman.
"(This outlay) would be 3.3 per cent of GDP, almost three times the outlay made in 2019-20. With substantial increase, it is central to government's efforts to enhance growth potential and job creation, crowd in private investments and provide cushion against global headwinds," Sitharaman said in her Budget speech in Parliament.